PARTISAN ADVOCATES

Chulyoung Kim

Bulletin of Economic Research, 2014, vol. 66, issue 4, 313-332

Abstract: type="main">

This paper studies the problem of an uninformed decision maker who acquires expert advice prior to making a decision. I show that it is less costly to hire partisan agents than impartial agents, especially under advocacy, and that the decision maker prefers partisan advocacy to other forms of institutions. I also extend the literature, originating with Dewatripont and Tirole ( ), to a setting with contracts that condition on information provided and not just the decision made.

Date: 2014
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